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IEEFA: U.S. push for LNG in the Philippines paints unrealistic picture of global prices and market viability

Overly optimistic claims about financial, economic and environmental benefits of LNG

Sept. 23, 2021 (IEEFA) – A recent white paper sponsored by the U.S. Agency for International Development (USAID) promotes the benefits of liquefied natural gas in the Philippines. The report, however, is based on questionable assumptions about global LNG prices, long-term demand and market viability of U.S. exports to price-sensitive countries in Asia, according to […]

and September 23, 2021 Read More →
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IEEFA Australia: ‘Race to replace’ – We need to tie new energy capacity with the exit of old generators

There are many options to manage the energy transition that don’t involve capacity payments

Uncertainty in the national electricity market is driving investment risk, due to high levels of uncertainty around coal exits, short term market contracting, early mover disadvantage in power technologies subject to deflation, and unpredictable government intervention, among other things. The Energy Security Board’s capacity mechanism has been proposed as a solution to these challenges. It […]

IEEFA U.S.: Harvard fossil fuel divestment can serve as model for other institutions nationally and globally

Harvard divestment raises issue of climate, ethics and investments by higher ed and philanthropies

The recent decision by Harvard to divest from fossil fuels is part of a trend and also a precedent-setting event.  Earlier this year, BlackRock informed the New York City pension funds that the divestment movement is no longer limited to small investment funds. Its report found that an increasing number of large institutional investors are […]

September 22, 2021 Read More →

IEEFA China: President Xi Jinping’s profound United Nations General Assembly speech

Already the world’s leading investor in zero emissions industries of the future, now China pledges it will end international funding of coal

President Xi Jinping of China has made a profoundly important announcement overnight at the United Nations General Assembly in a speech titled: ‘Building confidence and jointly overcoming difficulties to build a better world’. “China will step up support for other developing countries in developing green and low-carbon energy, and will not build new coal-fired power […]

September 22, 2021 Read More →
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